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rasta48

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rasta48

Re: Dolphins88 post# 9937

Friday, 10/07/2011 11:44:15 AM

Friday, October 07, 2011 11:44:15 AM

Post# of 13132
Nice tight float?

If they had revenue of $100,000,000 maybe this would have a nice tight float, but with 133,000,000 outstanding and less than $2,000,000 in revenue per year IWDM is a bloated and diluted.

Remember there is even more dilution coming with UYR, unless they never intend on closing the deal. If they did close as stated on or before Sept 31 and did not tell anyone we will see the dilution in the Q3 filing, if they did not then we will have to wait.

Pandora only has 161,000,000 shares outstanding and they are a legitimate company.
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